Sri Lankan shares close lower, end week little changed
- CSE All-Share index settled down 0.14% at 21,037.35
Sri Lankan shares closed lower on Friday, led by losses in energy and utilities stocks, and ended the week marginally up after two weeks of losses.
The CSE All-Share index settled down 0.14% at 21,037.35, but rose a marginal 0.009% over the week after two straight weekly declines.
Pegasus Hotels of Ceylon PLC and Tess Agro PLC were the top percentage losers on the CSE All-Share index, falling 6.7% and 5.6%, respectively.
Trading volume on the CSE All-Share index fell to 26.5 million shares from 37.8 million in the previous session.
The equity market’s turnover fell to 814.9 million Sri Lankan rupees ($2.47 million) from 1.20 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 207.1 million rupees, while domestic investors were net buyers, purchasing shares worth 801.1 million rupees, the data showed.
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